Mubasher: Oman's crude oil and oil condensate production declined slightly in January by 0.05%, compared to last December, as the daily average was 1.006 million barrels.
According to Ministry of Oil and Gas’s report, the total production of Oman's crude oil and condensates was 31.19 million barrels in January.
The report also revealed that the total quantities of exported crude oil in January 2016 were 27.32 million barrels with a daily average 881.530 barrels, with an increase 6.65% compared to December 2015.
Meanwhile, the international crude oil markets are still suffering from continuing instability in both supply and demand volumes, in addition to the rise of US dollar's exchange value.
